XML 28 R11.htm IDEA: XBRL DOCUMENT v3.20.2
Revenue Recognition
9 Months Ended
Jun. 28, 2020
Revenue from Contract with Customer [Abstract]  
Revenue Recognition REVENUE RECOGNITION
The Company generates all of its revenue from contracts with customers. The following table disaggregates our revenue for the three and nine month periods ended June 28, 2020 and June 30, 2019, by the Company’s key revenue streams, segments and geographic region (based upon destination):
Three Month Period Ended June 28, 2020
(in millions)
HHI
HPC
GPC
H&G
Total
Product Sales
NA
$272.7  $108.7  $170.2  $207.8  $759.4  
EMEA
0.1  96.3  55.1  —  151.5  
LATAM
5.1  28.4  3.5  2.0  39.0  
APAC
3.5  15.2  10.0  —  28.7  
Licensing
0.2  2.0  2.1  0.8  5.1  
Other
—  —  0.6  —  0.6  
Total Revenue
$281.6  $250.6  $241.5  $210.6  $984.3  

Three Month Period Ended June 30, 2019
(in millions)
HHI
HPC
GPC
H&G
Total
Product Sales
NA
$335.9  $98.1  $153.4  $200.9  $788.3  
EMEA
0.4  95.1  53.4  —  148.9  
LATAM
11.8  34.4  3.1  0.8  50.1  
APAC
6.2  13.7  8.9  —  28.8  
Licensing
0.3  2.1  1.8  0.8  5.0  
Other
—  —  1.1  —  1.1  
Total Revenue
$354.6  $243.4  $221.7  $202.5  $1,022.2  

Nine Month Period Ended June 28, 2020
(in millions)
HHI
HPC
GPC
H&G
Total
Product Sales
NA
$867.9  $323.8  $474.9  $389.7  $2,056.3  
EMEA
0.4  337.7  167.0  —  505.1  
LATAM
25.5  92.6  10.2  4.3  132.6  
APAC
13.8  45.3  23.3  —  82.4  
Licensing
0.8  6.0  5.9  1.6  14.3  
Other
—  —  2.9  —  2.9  
Total Revenue
$908.4  $805.4  $684.2  $395.6  $2,793.6  

Nine Month Period Ended June 30, 2019
(in millions)
HHI
HPC
GPC
H&G
Total
Product Sales
NA
$938.2  $306.4  $432.6  $390.5  $2,067.7  
EMEA
0.6  322.7  165.9  —  489.2  
LATAM
33.8  101.1  9.4  3.0  147.3  
APAC
17.2  43.9  24.6  —  85.7  
Licensing
0.9  8.2  5.2  1.4  15.7  
Other
—  —  3.6  —  3.6  
Total Revenue
$990.7  $782.3  $641.3  $394.9  $2,809.2  
In the normal course of business, the Company may allow customers to return product or take credit for product returns per the provisions in a sale agreement. Estimated product returns are recorded as a reduction in reported revenues at the time of sale based upon historical product return experience, adjusted for known trends, to arrive at the amount of consideration expected to receive. The allowance for product returns as of June 28, 2020, and September 30, 2019 was $21.3 million and $19.2 million, respectively.